forexAUD/USD Weekly Forecast: Bulls Struggling Above 0.71 amid Dovish RBA

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AUD/USD Weekly Forecast: Bulls Struggling Above 0.71 amid Dovish RBA

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Philip Low of the RBA noted discrepancies between its expectations and the market’s expectations. Inflation in the US spurred speculation about a 50-basis point rate hike in March. Technically, the AUD/USD pair is bearish and may break 0.7100. The weekly AUD/USD forecast is bearish as the US dollar recovers amid strong US CPI and Fed’s … Continued

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